---
schema_version: "secwatch.filing_event.v1"
accession: "0000043920-22-000048"
form_type: "8-K"
ticker: "GEF"
cik: "0000043920"
company_name: "GREIF, INC"
filed_at: "2022-06-10T23:59:59+00:00"
generated_at: "2026-06-25T02:56:42.133363+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Greif Q2 adjusted EPS $2.41 vs $1.13 YoY; EBITDA $251M; leverage down to 2.12x

## Summary
- Net income $125.1M ($2.09/diluted share) vs $149.8M ($2.51) prior year, which included a $95.7M timberland gain.
- Adjusted net income $144.9M ($2.41/diluted share) vs $67.3M ($1.13); Adjusted EBITDA $251.0M, up $74.4M.
- Total debt decreased $213.5M to $2,099.9M; net debt $1,991.2M; leverage ratio improved to 2.12x from 3.20x.
- Completed divestiture of 50% interest in Flexible Products & Services JV for $131.6M; proceeds used for debt repayment.
- Redeemed $500M 6.5% Senior notes due 2027; refinancing lowered interest rate by over 300 basis points.

## SEC filing metadata
- accession: 0000043920-22-000048
- form_type: 8-K
- ticker: GEF
- cik: 0000043920
- company_name: GREIF, INC
- filed_at: 2022-06-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43920/000004392022000048/0000043920-22-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43920/000004392022000048/gef-20220610.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000043920-22-000048
- JSON: https://secwatch.observer/filing/0000043920-22-000048.json
- Plain text: https://secwatch.observer/filing/0000043920-22-000048.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.